Fred's, Inc. (Fred's) is engaged in the sale of general merchandise through its retail discount stores and full service pharmacies. The Company sells general merchandise to its over 20 franchisees. The Company has approximately 660 retail stores, over 370 pharmacies, and approximately three specialty pharmacy facilities located in over 15 states mainly in the Southeastern United States. The Company is licensed to dispense pharmaceuticals in approximately 50 states. The Company operates approximately 640 company-owned stores, including over 60 express stores (or Xpress stores). Fred's is a combination of pharmacy, dollar store and mass merchant strategically located in smaller markets. It offers various product categories, including consumables, such as tobacco, food and beverage, prescription pharmaceuticals, paper and cleaning supplies, pet supplies, health and beauty aids, and discretionary products, such as home decor, seasonal merchandise, auto and hardware, and lawn and garden.
Industry, Sector and Symbol:
- Sector: Retail/Wholesale
- Industry: Discount, Variety Stores
- Sub-Industry: General Merchandise Stores
- Exchange: NASDAQ
- Symbol: FRED
- CUSIP: 35610810
- Previous Close: $17.68
- 50 Day Moving Average: $16.06
- 200 Day Moving Average: $12.36
- 52-Week Range: $7.89 - $21.77
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 53.76
- P/E Growth: -0.27
- Market Cap: $661.57M
- Outstanding Shares: 37,419,000
- Beta: 1.51
- Net Margins: -2.23%
- Return on Equity: -0.94%
- Return on Assets: -0.50%
Companies Related to Fred's:
- Debt-to-Equity Ratio: 0.22%
- Current Ratio: 1.66%
- Quick Ratio: 0.38%
What is Fred's' stock symbol?
Fred's trades on the NASDAQ under the ticker symbol "FRED."
How often does Fred's pay dividends? What is the dividend yield for Fred's?
Fred's announced a quarterly dividend on Thursday, February 16th. Investors of record on Wednesday, March 1st will be given a dividend of $0.06 per share on Wednesday, March 15th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.35%. The ex-dividend date of this dividend is Monday, February 27th.
Where is Fred's' stock going? Where will Fred's' stock price be in 2017?
4 brokers have issued 1 year price objectives for Fred's' shares. Their forecasts range from $9.00 to $23.00. On average, they expect Fred's' share price to reach $18.00 in the next twelve months.
When will Fred's announce their earnings?
Fred's is scheduled to release their next quarterly earnings announcement on Tuesday, March, 21st 2017.
Who owns Fred's stock?
Fred's' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Strategic Investment Opportunities LLC (24.80%), Alden Global Capital LLC (24.79%), Dimensional Fund Advisors LP (8.26%), NWQ Investment Management Company LLC (6.33%), State Street Corp (2.27%) and Guggenheim Capital LLC (0.73%). Company insiders that own Fred's stock include Alden Global Capital Llc, B Mary Mcnabb, Ben Garner, Dennis Curtis, Eric Ridings, Jack Eisenman, Jerry Shore, Mark C Dely, Michael Hayes, Michael K Bloom, Mike Holligan, Reggie Jacobs, Ricky Chambers and Willie Sands.
Who sold Fred's stock? Who is selling Fred's stock?
Fred's' stock was sold by a variety of institutional investors in the last quarter, including NWQ Investment Management Company LLC, Dimensional Fund Advisors LP, AQR Capital Management LLC, New York State Teachers Retirement System, First Interstate Bank, Barrow Hanley Mewhinney & Strauss LLC and Metropolitan Life Insurance Co. NY. Company insiders that have sold Fred's stock in the last year include Eric Ridings, Mark C Dely, Michael Hayes, Mike Holligan and Ricky Chambers.
Who bought Fred's stock? Who is buying Fred's stock?
Fred's' stock was bought by a variety of institutional investors in the last quarter, including Alden Global Capital LLC, Ratan Capital Management LP, Guggenheim Capital LLC, State Street Corp, Comerica Bank and Thrivent Financial for Lutherans. Company insiders that have bought Fred's stock in the last two years include Alden Global Capital Llc, B Mary Mcnabb, Jerry Shore and Michael K Bloom.
How do I buy Fred's stock?
Shares of Fred's can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Fred's stock cost?
One share of Fred's stock can currently be purchased for approximately $17.74.